Co-op Housing Society: Maha makes 51% Member approval Mandatory
The Maharashtra Government has introduced a revised procedure for the redevelopment of cooperative housing societies, aimed at strengthening member participation, ...
Tag: PMC
Vaishya Sahakari Bank: PMC legacy continues to haunt smaller UCBs
Those smaller UCBs which parked their money with the erstwhile Punjab and Maharashtra Cooperative (PMC) Bank continue to suffer and ...
PMC revival ignites hopes in crisis-hit UCBs
Business Line says the proposed amalgamation of the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank with a small finance bank ...
PMC Bank likely to be converted into SFB; Marathe thanks Guv & FM
In a major development for the depositors of PMC Bank, RBI has granted “in-principle” approval to Centrum Financial Services Limited ...
Not a rosy picture for Vishweshwar Sah Bank; Chairman stonewalls media
Despite odds, Pune based Multi-State Bank, Vishweshwar Sahakari Bank has been able to sustain itself in the 2019-20 financial year. ...
PMC depositors demand Rs 5 lac withdrawal limit
Delhi High Court has asked the Centre and the RBI to respond to a plea seeking release of Rs 5 ...
RBI control over UCBs: Majority lauds the move, some disagree
The leaders of Urban Cooperative Banking sector have reacted to the news of RBI’s total control over UCBs. While some ...
UCBs’ condition precarious: CEO, Kalyan Janata Sah Bank
Atul Khirwadkar, CEO of Kalyan Janata Sahakari Bank says the condition of UCBs in the country is pretty bad. He ...
ED files 7000 pages charge-sheet in PMC Bank case
ED has filed its chargesheet in the money-laundering case in the multi-crore Punjab and Maharashtra Co-operative Bank (PMC) scam. The ...
RBI on UCBs: Balance sheet sees expansion, combined assets go down
The Reserve Bank of India has released the 6th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook ...
Post PMC, media vigilance of UCB increases many folds
Soon after the scam of the PMC Bank jolted the nation, reports of violation of the RBI norms by urban ...
Delhi HC asks how to keep money safe in co-op banks
Hearing a PIL petition demanding clear cut guidelines on safeguarding money deposited in cooperative banks in the country, the Delhi ...
Fighting PMC ghost: Sahakar Bharati holds meeting of UCBs in Mumbai
Sahakar Bharati organized a meeting of urban cooperative banks in Mumbai, in which several co-operators connected to the UCB sector ...
Sahakar Bharati team meets Nirmala, seeks UCB Cell in Ministry
Sahakar Bharati leaders comprising of Satish Marathe, Jyotindra Mehta, Ramesh Vaidya and Laxmi Narayan Gupta met Union Finance Minister Nirmala ...
RBI seeks revision in Proforma and Reporting of UCBs
Post PMC fraud RBI has written a letter to the Chief Executive Officers of Primary (Urban) Co-operative Banks, State Co-operative ...
